The import of phosphoric acid and polyphosphoric acids to Japan is forecasted to slightly decline from 40.874 million kilograms in 2024 to 40.009 million kilograms in 2028. This represents a year-on-year decrease rate of approximately 0.7% from 2024 to 2028. The exports stood at an estimated volume of similar magnitude towards the end of 2023, indicating a consistent demand with a gradual decline over the forecasted period. The compound annual growth rate (CAGR) for this period reflects a negative trend, averaging around -0.5% annually due to minimal but consistent reductions each year.
Future trends to watch include potential shifts in domestic production within Japan, changes in global supply chain efficiencies, and environmental regulations which could influence import levels. These factors may either exacerbate the declining trend or stabilize it by affecting both domestic and foreign competitive dynamics.
